In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
The G20 communique maintained an optimistic mood in the cryptocurrency market
Messaging service Telegram Group Inc., which set a world record for the sale of a new cryptocurrency in February, is set to raise another $850 million in its second ICO round. Investors continue to place orders even after the token price has tripled.
The World Economic Forum, a Swiss non-governmental organization dedicated to promoting international cooperation, recently published a commentary on the social impact of blockchain technology, arguing that “the potential of blockchain technology is too great to ignore.”
The report, published by the Joint Economic Commission of the United States Congress, examines issues of macroeconomic growth, tax reforms, US trade and an entire chapter is devoted to blockchain technology, cryptocurrencies and their potential.
Coincheck will stop servicing Monero, Dash and Zcash due to the fact that working with such anonymous currencies is very risky. The danger is that clients receiving funds in these currencies are almost impossible to recognize. Which is very convenient for money laundering. With currencies like Bitcoin, such occurrences are less likely.
According to NewsBTC, representatives of the BitMEX cryptocurrency platform have discovered additional factors that confirm the assumption that the Puerto Rican Noble Bank holds Tether assets as its main reserve.
The prices of these highly liquid altcoins - Lumens, NEO, LTC, Monero, IOTA and LTC are rising and may continue to rise. Based on our previous experience, such breakouts often lead to further price declines or consolidation before continuing the uptrend
President Trump has imposed additional sanctions on the Venezuelan government in an attempt to block the regime's new digital currency, which US officials call a "scam" used to evade previous economic sanctions.
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